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wsbza

Bearish Count

Short
Euro / British Pound (FX:EURGBP)  
wsbza Updated   
FX:EURGBP   Euro / British Pound
Wave Analysis Elliott Wave Triangle FLAT impulse
5
8
waveanalysis elliottwaves triangle flat impulse
Could be pink wave C of (C) of a Triangle or green wave 3-4-5 of (C) of a Flat
both cases suggest further downside potential
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bearish count
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bears awake?
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Wave (C) of flat is less likely to happen as the sub wave 2 of (C) is getting too big. But we could still have a C of (C) decline that will form a part of a large triangle correction
Comment:
'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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